The Senegalese economy has achieved a record GDP in 2014

U.S. President Barack Obama participates in a joint news conference with Senegal's President Macky Sall at the Presidential Palace in DakarThe Head of State of Senegal, President Macky Sall said on Wednesday in his New Year message to Senegalese, that Senegal’s economy has improved in 2014, with a gross domestic product (GDP) of 4.5%, a record set since 2005. For the first time since 2005, the country has achieved a growth rate of 4.5%,” said Macky Sall.

To reach “prosperity,” he added, Senegalese must “produce more and better.”

This is “the purpose of the Senegalese emerging plan that 2014 is the first implementation test,” said the Head of State, assuring that “we are on the right track” of “emergence “.

The government continues its 2014 budget deficit reduction policy, “thanks to our ongoing efforts to rationalize public spendings,” said Macky Sall.

“Our country has made significant progress on all international valuation standards, including on the Doing Business ranking of the World Bank,” he argued.

“It is true that for some activities such as tourism, the economic situation was unfavorable,” said the President. It is suggested that “already a dialogue with professionals in this sector to agree upon concerted support measures will be continued.”

About Khalid Al Mouahidi 4433 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network